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September 11, 2025
OBBBA Notice #3 – The SALT Deduction
The new tax law changes how many will itemize deductions for state and local taxes (SALT).
The new tax law changes how many will itemize deductions for state and local taxes (SALT).
The new deductions do not, I repeat, do not directly offset Social Security income (SSI).
You’ll want to know about these changes, especially those impacting 2025 tax planning.